USA Technologies Appoints Priyanka Singh as Chief Financial Officer

Finance Veteran Brings Payments Experience to the Position

MALVERN, Pa.--(BUSINESS WIRE)--
USA
Technologies, Inc. (NASDAQ:USAT) ("USAT"), a payment technology
provider of cashless and mobile transactions in self-serve retail, today
announced that Priyanka Singh has been appointed as the company's new
Chief Financial Officer, effective March 31, 2017. She replaces interim
CFO, Leland P. Maxwell, who will continue with USAT in a senior finance
role.

Ms. Singh brings over 15 years of finance and accounting experience to
the position, including five years in the payments industry. She joins
the company from Global Payments Inc., a leading worldwide provider of
payment technology solutions. Following the acquisition by Global
Payments of Heartland Payment Systems in 2016, Ms. Singh was Vice
President, Product Strategy and Innovation and Division CFO for
Heartland Commerce, which focuses on point of sale solutions. Prior to
the acquisition, she spent five years at Heartland Payment Systems, most
recently as the Divisional CFO of the Heartland Commerce units and prior
thereto as Vice President, Financial Planning and Analysis. Previous to
that, she spent several years with General Electric in various
leadership roles at both GE Capital and GE Healthcare, focusing on
financial planning and analysis, accounting, controllership, internal
auditing and SOX compliance. Ms. Singh is a Certified Public Accountant
and a member of the AICPA.

"I am delighted to welcome Priyanka Singh as USA Technologies' new CFO,"
said Stephen P. Herbert, Chairman and Chief Executive Officer, USA
Technologies. "She has an impressive background in payments, which
complements our business as well as our long-term objectives. Priyanka
brings with her a wealth of experience that I am sure will serve us
well, as our operations continue to grow. I would also like to thank
Leland Maxwell for his dedicated service as our interim CFO and am
delighted that he will continue with USAT as Senior Vice President of
Finance."

"I am thrilled to join the USA Technologies team, and look forward to
helping bring further financial and operational efficiencies to the
business," said Ms. Singh. "This is an exciting time for the industry,
and USAT's market leading solution positions the company well to
continue building on the growth and shareholder value that it has
delivered over the last several years."

About USA Technologies:

USA Technologies, Inc. is a premier payment technology service provider
of integrated cashless and mobile transactions in the self-service
retail market. The company also provides a broad line of cashless
acceptance technologies including its NFC-ready ePort® G-series, ePort
Mobile™ for customers on the go, ePort® Interactive, and QuickConnect,
an API Web service for developers. USA Technologies has 77 United States
and foreign patents in force; and has agreements with Verizon, Visa,
Chase Paymentech and customers such as Compass, AMI Entertainment and
others. For more information, please visit the website at www.usatech.com.